Callaway Golf Company (NYSE:ELY)

IdiotFoolSavant (< 20) Submitted: 6/11/2009 9:30:58 AM : Start Price: $5.87 ELY Score: -48.97

there's not many stocks left with such low p/b ratios. fundamentals are pretty sound. i think what they're doing with the raising of capital is just being cautious, or maybe even trying to drive the price of the stock down so that they themselves can buy some.

i think all the bad news is priced in and cheap stocks are getting harder and harder to find this far into the rally. investors are looking for price book ratios below 1. if you notice, the big movers most often are stocks with good fundamentals near their 52 week lows that havent popped off yet. well, this probably wont pop off, given the bad taste many have in their mouths from the recent news. but its likely to rise.

check out the last two evaluations. i agree with them completely. brand name that has value. good buy for this cheap. excuse poor grammar and punctuations, im russian or something. and lazy